Dynafront Holdings Bhd (XKLS:03046) Days Payable : 1.13 (As of Jun. 2024)

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What is Dynafront Holdings Bhd Days Payable?

Dynafront Holdings Bhd's average Accounts Payable for the six months ended in Jun. 2024 was RM0.02 Mil. Dynafront Holdings Bhd's Cost of Goods Sold for the six months ended in Jun. 2024 was RM2.74 Mil. Hence, Dynafront Holdings Bhd's Days Payable for the six months ended in Jun. 2024 was 1.13.

The historical rank and industry rank for Dynafront Holdings Bhd's Days Payable or its related term are showing as below:

XKLS:03046' s Days Payable Range Over the Past 10 Years
Min: 1.39 Med: 2.35 Max: 58.72
Current: 1.39

During the past 6 years, Dynafront Holdings Bhd's highest Days Payable was 58.72. The lowest was 1.39. And the median was 2.35.

XKLS:03046's Days Payable is ranked worse than
99.05% of 2523 companies
in the Software industry
Industry Median: 48.75 vs XKLS:03046: 1.39

Dynafront Holdings Bhd's Days Payable declined from Jun. 2023 (1.37) to Jun. 2024 (1.13). It may suggest that Dynafront Holdings Bhd accelerated paying its suppliers.

Dynafront Holdings Bhd Days Payable Historical Data

The historical data trend for Dynafront Holdings Bhd's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dynafront Holdings Bhd Days Payable Chart

Dynafront Holdings Bhd Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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2.37

2.33

58.72

30.85

1.50

Dynafront Holdings Bhd Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial						27.76	41.06	1.37	1.68	1.13

Competitive Comparison of Dynafront Holdings Bhd's Days Payable

For the Software - Application subindustry, Dynafront Holdings Bhd's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dynafront Holdings Bhd's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Dynafront Holdings Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Dynafront Holdings Bhd's Days Payable falls into.

Dynafront Holdings Bhd Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Dynafront Holdings Bhd's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0.016	+	0.02)	/	2 )	/	4.369	*	365
=	0.018					/	4.369	*	365
=	1.50

Dynafront Holdings Bhd's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.014	+	0.02)	/	2 )	/	2.736	*	365 / 2
=	0.017					/	2.736	*	365 / 2
=	1.13

Dynafront Holdings Bhd Days Payable Related Terms

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Dynafront Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Dynafront Holdings Bhd (XKLS:03046) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

KL Trillion, 338 Jalan Tun Razak, Corporate Office Tower Block C, C-8-1, 8th Floor, Kuala Lumpur, MYS, 50400

Website

https://www.dynafront.com

Dynafront Holdings Bhd is a life insurance software solutions provider. It is principally involved in the provision of proprietary software, managed services as well as other technology solutions and consulting services for life insurance companies, Takaful operators, as well as independent corporate life insurance agencies.

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